Taisei Balance Sheet Health
Financial Health criteria checks 4/6
Taisei has a total shareholder equity of ¥948.7B and total debt of ¥353.3B, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are ¥2,365.0B and ¥1,416.3B respectively. Taisei's EBIT is ¥53.9B making its interest coverage ratio -8.6. It has cash and short-term investments of ¥247.4B.
Key information
37.2%
Debt to equity ratio
JP¥353.29b
Debt
| Interest coverage ratio | -8.6x |
| Cash | JP¥247.42b |
| Equity | JP¥948.69b |
| Total liabilities | JP¥1.42t |
| Total assets | JP¥2.37t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKK1's short term assets (¥1,409.7B) exceed its short term liabilities (¥1,125.0B).
Long Term Liabilities: TKK1's short term assets (¥1,409.7B) exceed its long term liabilities (¥291.4B).
Debt to Equity History and Analysis
Debt Level: TKK1's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: TKK1's debt to equity ratio has increased from 28.3% to 37.2% over the past 5 years.
Debt Coverage: TKK1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TKK1 earns more interest than it pays, so coverage of interest payments is not a concern.